While Steve Jobs and Barack Obama appeared to be the front runners for Time Magazine, the top prize went to Ben Bernanke, the man largely responsible for shaping the financial future of North America.

Consumers who don’t want their accounts to allow overdraft fees when using ATM machines will be able to opt out of the service according to new rules put forth by the Federal Reserve on Thursday.

The Federal Reserve blasted AIG for sending their employees to luxury hotels and for holding conferences at those same $2,000-$3,000 per night locations. Now it’s being reported that the Federal Reserve has been using those same ultra-luxury hotels to host their own conferences.